Latest Stock Market News

Sunil Singhania from Abakkus Asset Manager talks about investing in stocks with realistic return expectations over longer periods. He highlights opportunities in sectors like financials, pharma, infra-related, and capex-related areas. Singhania advises caution in overvalued theme-based sectors and sees potential in renewable energy, discretionary consumption, and the impact of transitioning to lower fossil fuel dependence.

Afcons Infrastructure is set to debut its shares on the stock exchanges this Monday, with a grey market premium (GMP) of Rs 15 indicating a potential listing price of Rs 478, reflecting a 3% premium over the upper issue price of Rs 463.

Sun Pharma faces a delay in the U.S. launch of its drug Leqselvi due to a preliminary injunction by the New Jersey court, pending further legal proceedings or patent expiration in December 2026. The company plans to appeal the decision while considering a potential settlement with Incyte.

The Indian market is anticipated to open lower on Monday, influenced by subdued global cues. After beginning Samvat 2081 positively during the Diwali mahurat trading session on Friday, market sentiment appears to be shifting.